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Saturday, May 30, 2009

Refinance Activity Falls, Purchase Applications Steady in Latest MBA Weekly Survey

Refinance Activity Falls, Purchase Applications Steady in Latest MBA Weekly Survey
"...The average contract interest rate for 30-year fixed-rate mortgages increased to 4.81 percent from 4.69 percent, with points increasing to 1.28 from 1.13 (including the origination fee) for 80 percent loan-to-value (LTV) ratio loans...."
Reference: www.realestaterama.com

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